Hormel (HRL) Exits Brazil And Sells Turkey Business To Simplify Its Portfolio
Published on: Thursday 02 July 2026
Hormel Foods (NYSE:HRL) has exited Brazil through the sale of its Ceratti-branded operations. The company has also completed the sale of its whole-bird turkey business. Both actions are part of a broader portfolio simplification effort focused on higher-growth markets and value-added products. These transactions mark a clear shift for Hormel Foods, which has long been known for its packaged meats, center-of-plate proteins, and branded food products. By stepping away from Brazilian...
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